Analysis of Retail Sector Moves by Wal-Mart, Big Lots and Jones Apparel

Wal-Mart Stores Inc. (NYSE:WMT): According to healthcare tech expert Rip Emerson, Wal-Mart’s decision to join the ranks of primary healthcare providers is “the sort of disruptive action the industry needs.” This is a fact traditional providers – many of whom are making newspaper industry mistakes – need to acknowledge. “Competition that crushes flawed business models comes from unexpected places,” states Emerson. WMT shares recently traded at $56.70, down $0.15, or 0.26%. Its market capitalization is $195.33 billion. They have traded in a 52-week range of $48.31 to $59.40. Volume today was 3,308,851 shares versus a 3-month average volume of 12,377,200 shares. The company’s trailing P/E is 12.00, while trailing earnings are $4.72 per share. Get the most recent company news and stock data here >>

Big Lots Inc. (NYSE:BIG): Big Lots falls after Barclays cuts shares to Equalweight on appraisal, citing worries about the likelihood of a weak holiday season. BIG shares recently traded at $36.79, down $1.98, or 5.11%. Its market capitalization is $2.41 billion. They have traded in a 52-week range of $27.82 to $44.44. Volume today was 1,092,384 shares versus a 3-month average volume of 1,357,520 shares. The company’s trailing P/E is 12.71, while trailing earnings are $2.89 per share. Get the most recent company news and stock data here >>

Jones Apparel Group, Inc. (NYSE:JNY): Jones Apparel trades lower after Lazard cut the shares to Neutral from Buy, citing topline pressure due to a worsening economic environment. The company has been focusing on its retail business – which has not been profitable since 2006 – and, despite all of its efforts, the challenging wholesale environment and macro backdrop make a turnaround over the near-term unlikely. JNY shares recently traded at $9.68, down $0.41, or 4.06%. Its market capitalization is $782.90 million. They have traded in a 52-week range of $8.00 to $16.02. Volume today was 1,205,338 shares versus a 3-month average volume of 2,340,330 shares. The company’s trailing P/E is 25.68, while trailing earnings are $0.38 per share. Get the most recent company news and stock data here >>

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